Under-Insurance Risk for Commercial Property Due to Rise in Construction Costs
The unrelenting rise in construction costs over the past year, with some materials increasing by as much as 100 per cent, has left many commercial properties under-insured, which can have serious consequences. Here's a look at why it's such a significant problem, and what can be done to combat it.
Increase in Construction Costs Sparks Call to Check Sum Insured
There has been a great deal of media coverage concerning the cost of construction materials increasing to their highest levels for many years. This in turn is driving up construction costs, which means it is vital that homeowners check that their buildings insurance sum insured is sufficient to cover rebuild costs should their properties be damaged or destroyed.
Whiplash Reforms: How Whiplash Claims Changed from 31 May 2021
The Whiplash Injury Regulations 2021 were implemented on 31 May, changing how people who have suffered minor injuries following a road traffic accident can make a claim for compensation, and also the amount they can claim.
Top Ten Risks for UK Businesses in 2021
The Allianz Risk Barometer report identifies the top corporate risks for the year ahead, based on the insight of over 2,700 risk management experts across the world. We thought it would be useful to share the risks from the report ranked most important by those surveyed in the UK, to help with your own risk planning for the next 12 months and beyond.
Ghost Broker Warning as Motor Insurance Fraud Cases on the Rise
Between January and December 2020, Action Fraud received 694 reports of ‘ghost broking’, up 10 per cent on 2019. With the City of London Police issuing stark warnings about the dangers of ghost broking, and the risks for the policyholder very serious, it is important to be fully aware of just what this phenomenon is all about.
Working From Home and Mental Health: A Manager’s Guide
If you are finding it a challenge to manage and support home working staff, you are by no means alone. Thankfully, there is a variety of resources and advice on offer to help you. Because it is important to recognise that whilst your homeworkers need support, you do too.